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ThursdayOct 03, 2024 11:05 am

QualityStocksNewsBreaks – Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) Featured in Latest Episode of The MiningNewsWire Podcast

Renforth Resources (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR), an active mineral exploration company engaged in the exploration and development of wholly owned multi-commodity mineral properties in Canada, is featured in the latest episode of The MiningNewsWire Podcast, a part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. During the interview, Nicole Brewster, President and CEO of Renforth, provided an overview of the company’s business model, her background in the mining industry and those of the Renforth team, and the company’s recent milestones and operational goals for the balance of 2024 and beyond. “Renforth is a…

ThursdayOct 03, 2024 10:30 am

Comparing Flip and GolfLync: A Deep Dive into Social Commerce and Investment Opportunities

Investors looking for an opportunity may want to consider the rapidly evolving world of social commerce and app-based networking. In fact, taking a closer look at two players in the space — Flip and GolfLync — can show the real potential social media offers. “Are social media networks still worthy investments? While there are naysayers who believe that the investment hype in networks like Facebook, Snapchat, and Pinterest is all but over, that is hardly the case,” reports Investopedia (https://ibn.fm/CES22). “The days of being able to invest in social media leaders such as Facebook and watching those investments climb into the stratosphere may have passed,…

ThursdayOct 03, 2024 9:45 am

SuperCom Ltd. (NASDAQ: SPCB) Secures 5th Government EM Contract for Domestic Violence Offender Monitoring

Electronic monitoring (“EM”) technology is becoming a popular go-to means of tracking the movements of crime suspects, including domestic violence (“DV”) offenders, while they remain unjailed and free to continue productive activity in society SuperCom Ltd., a secure solutions provider for the e-Government, IoT and Cybersecurity sectors, is competitively marketing its PureSecurity EM platform to government clients who need SuperCom’s resources for parole and probation supervision SuperCom recently announced it has secured its fifth national contract in Europe to provide supervised monitoring of domestic violence suspects and an effective alert system for DV victims Analysts forecast Europe’s average daily caseload…

ThursdayOct 03, 2024 9:00 am

Dynasty Gold Corp. (TSX.V: DYG) (OTC: DGDCF) Launches Second Phase of 2024 Drill Campaign at Flagship Thundercloud Property

The second phase of Dynasty’s drill campaign will cover the remaining 1,800 meters of the 4,000 meter drill program announced in June 2024, and will focus on testing the West Contact Zone, south of Pelham. Phase 1 drill results confirmed grades of up to 24.53 g/t within a broad zone of mineralization in the Eastern Pelham Zone. Typical intercepts at the property ranged between 50m and 160m averaging between 1 and 8.4g/t gold with narrower, higher-grade intervals of 3m to 12m between 10 to 65 g/t. The company is preparing an additional drilling phase late 2024 or early 2025 to…

WednesdayOct 02, 2024 10:55 am

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Reports 6791% QoQ Revenue Growth, Continued Decrease in Monthly Cash Burn

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced expectations to report a significant revenue increase for the quarter ended September 30, 2024. The company anticipates recording approximately $4.5 million in revenue in the just-ended quarter, compared to $65,235.00 in the previous quarter ended June 30, 2024, a quarter-over-quarter increase of 6791%. According to the announcement, the company’s monthly cash burn for the quarter ended September 30, 2024, is approximately $12.7 million per month, down from $12.8 million for the quarter ended June 30, 2024, and $18.1 million for the quarter ended March 31, 2024. The announcement…

WednesdayOct 02, 2024 9:45 am

SOBRsafe Inc. (NASDAQ: SOBR) Announces Moves Undertaken to Ensure Sustained Financial Success Based Upon Recent Positive Results

SOBRsafe CEO and Chairman Dave Gandini recently provided a video update discussing the company’s plans to achieve sustained financial success and build a global legacy The company intends to regain compliance with Nasdaq’s listing requirements by effecting a reverse stock split and issuing a new capital raise to exceed the minimum stockholders’ equity threshold Retaining its Nasdaq listing is seen as critical to attract and raise capital to continue building operations The company has added 35 new accounts in the first and second quarter of the 2024 fiscal year SOBRsafe is also implementing robust sales and marketing strategies to present…

WednesdayOct 02, 2024 9:30 am

QualityStocksNewsBreaks – Clene Inc. (NASDAQ: CLNN) Closes on Direct Offering, Concurrent Private Placements Totaling $7.3M

Clene (NASDAQ: CLNN), a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, and its wholly owned subsidiary, Clene Nanomedicine Inc., has closed on a registered direct offering and concurrent private placements. According to the announcement, the transactions consist of common stock and warrants and were with a healthcare-focused institutional investor and existing shareholders, including insiders. Gross proceeds of the offerings and placements totaled an estimated $7.3 million with the potential for additional capital through the future exercise of warrants. Clene also announced the amendment of its existing debt facility with Avenue Venture…

WednesdayOct 02, 2024 9:00 am

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Ideally Positioned as Hybrid-Fueled Surge in PGM Demand Creates Key Opportunity

Reuters reports that “a surge in sales of hybrid cars as electric vehicle take-up slows is set to provide an unexpected boost to demand for platinum group metals.” While the global supply of platinum and palladium has been relatively stable, the increase in demand from the automotive sector is expected to create supply pressures. Platinum Group Metals Ltd., a prominent player in the PGM space, is well positioned to capitalize on this trend. The automotive industry’s shift toward hybrid and electric vehicles (“EVs”) is reshaping numerous sectors, including the precious metals market. A recent Reuters article highlights how this transition…

WednesdayOct 02, 2024 8:30 am

QualityStocksNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS), Japan Tobacco Inc. Announce Planned Partnership to Leverage Quantum Computing, AI in Drug Discovery

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the pharmaceutical division of Japan Tobacco Inc. (“JT”) announced plans to partner on a joint proof-of-concept project to explore the use of quantum computing technology and artificial intelligence (“AI”) to accelerate the speed and quality of the drug discovery process, i.e., “Quantum AI-driven Drug Discovery.” The project aims to pioneer a new process for discovering ‘first-in-class’ pharmaceutical small compounds. Upon completion of the proof-of-concept project, JT’s pharmaceutical division intends to further advance the developed Quantum AI-driven Drug Discovery analysis systems and eventually apply the…

TuesdayOct 01, 2024 1:41 pm

QualityStocksNewsBreaks – NextPlat Corp (NASDAQ: NXPL) Completes Merger and Business Combination with Progressive Care Inc.

NextPlat (NASDAQ: NXPL, NXPLW), a global e-commerce provider, today announced the completion of the proposed Merger Agreement and Plan Reorganization with Progressive Care Inc., a controlled subsidiary of the company, following shareholder approvals. Pursuant to this merger and business combination, Progressive Care has become a wholly owned subsidiary of NextPlat. As a result, Progressive Care’s common stock no longer trades on the OTCQB exchange, effective October 1, 2024. “The completion of our merger and business combination with Progressive Care creates a unified company focused on generating continued growth in large domestic and global markets for healthcare services, technology and personal…

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